The cost to produce 24,000 units at 70% capacity consists of: Direct materials P360,000 Direct labor...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The cost to produce 24,000 units at 70% capacity consists of: Direct materials P360,000 Direct labor 540,000 Factory overhead, all fixed 290,000 Selling expense (35% variable, 65% fixed) 240,000 What is the unit price would the company have to charge to make P22,500 on sale of 1,500 additional units that would be shipped out of the normal maker area? The cost to produce 24,000 units at 70% capacity consists of: Direct materials P360,000 Direct labor 540,000 Factory overhead, all fixed 290,000 Selling expense (35% variable, 65% fixed) 240,000 What is the unit price would the company have to charge to make P22,500 on sale of 1,500 additional units that would be shipped out of the normal maker area?
Expert Answer:
Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date:
Students also viewed these accounting questions
-
The cost to produce Part A was $10 per unit in 2005. During 2006, it has increased to $11 per unit. In 2006, Supplier Company has offered to supply Part A for $9 per unit. For the make-or-buy...
-
Direct materials 689 Direct labor1096 Variable manufacturing overhead1520 Fixed manufacturing overhead 3466920 Variable selling and administrative expenses1392 Fixed selling and administrative...
-
Fixed costs per annum P60 000 Unit selling price 20 Unit variable cost 10 Relevant range 4 00012 000 units REQUIRED: Calculate the following: a. Break-Even Point in b. Units to be sold to obtain the...
-
Problem 4: The two compensator circuits (Fig. P4a) are used to improve the closed-loop system performance: 1) Derive the transfer functions to characterize the two circuits, and show that they can be...
-
Recently, three new airlines, MAXjet, L'Avion, and Eos, began operations selling business or first-class-only service. These airlines need to estimate the highest fare a business-class traveler would...
-
In Problems 1-2, find the maximum and minimum of the friction f over the closed and bounded set S. Use the methods of Section 12.8 to find the maximum and minimum on the interior of S; then use...
-
The following data were obtained for the velocity profiles in turbulent flow at a specified point in a channel flow as a function of time. The measurements were taken 0.01 seconds apart. The velocity...
-
In Problem 12.7 on page 424, you used the plate gap on the bag sealing equipment to predict the tear rating of a bag of coffee. The data are stored in Starbucks. a. Construct a 95% confidence...
-
The Lang Corporation has provided the following account balances: Account Amount Cash $25,000 Short-term Investments 5,000 Accounts Receivable 20,000 Supplies 7,000 Long-term Notes Receivable 3,000...
-
On March 1, 2008, Ginny Tyler established Seltzer Realty. Ginny completed the following transactions during the month of March: a. Opened a business bank account with a deposit of $30,000 from...
-
Larkspur Inc.'s unadjusted trial balance at December 31, 2017, included the following accounts: Debit Credit Allowance for doubtful accounts $8,100 Sales revenue $1,977,500 Sales returns and...
-
A major drawback to the periodic inventory system is ______. Multiple choice question. the amount of inventory on hand and sold is unavailable during the accounting period it is difficult to know the...
-
If Lena deposited $ 1 comma 000 in cash into a chequing account, Part 2 A. Upper M 1 plus increased and Upper M 2 plus decreased. B. M1+ decreased and M2+ increased. C. Upper M 1 plus and Upper M 2...
-
Using quantitative risk analysis how do we determine ALE (Annual Loss Expectancy)? Choose one 1 point Single Loss Expectancy x Exposure Factor = Annual Loss Expectancy (ALE) Annual Loss Expectancy...
-
One important aspectThe Sarbanes-Oxley Act makes it illegal for employers to: Group of answer choices Sue federal contractors for fraud. Retaliate against whistle-blowers who report information that...
-
on the asset side of the balance sheet what are boas two most important uses of funds investments.
-
8. Consider the following TCP window evolution behaviour. (i) how many packets are transmitted before a loss happens? (ii) What is the loss rate? V W 3W/4 W/2 B A V W/4 RTT W/2 RTT Time sec. 9....
-
Find a least expensive route, in monthly lease charges, between the pairs of computer centers in Exercise 11 using the lease charges given in Figure 2. a) Boston and Los Angeles b) New York and San...
-
Using a financial calculator, provide a solution to each of the following situations. (a) Lynn Anglin owes a debt of $42,000 from the purchase of her new sport utility vehicle. The debt bears annual...
-
If your school has a subscription to the FASB Codification, prepare responses to the following. (a) The primary basis for accounting for inventories is cost. How is cost defined in the Codification?...
-
Burham Manufacturing Inc. sold 8,000 units and recorded sales of $400,000 for the first month of 2012. In making the sales, the company incurred the following costs and expenses. (a) Prepare a CVP...
-
Tesco plc is one of the worlds largest food retailers. Fiscal year 2014 (the year ended February 28, 2015) was a rocky year for the retailer. The companys sales and margins had come under pressure as...
-
Exhibit P2 displays a selected set of financial ratios for the years 20152017 of three fashion retailers: USbased Gap, UK-based Next, and Japan-based Uniqlo (Fast Retailing). Using this set of...
-
In 2009, following the worldwide credit crisis, several US-based car manufacturers, such as Chrysler and General Motors, approached bankruptcy and needed to be bailed out by the US government and...
Study smarter with the SolutionInn App